Guide on Bank Transfer Fees via InstaPay this 2023
BANK TRANSFER FEES VIA INSTAPAY – Here is a list of the fees charged by different banks in the Philippines when transferring money.
Nowadays, money transfers are so much easier as they can be done online. You can send your loved ones the money they need to pay for the tuition, to host an event, to make a purchase, etc. in a snap. They can receive it real-time through a bank transfer.
Are you one of the people who prefer transferring money using the InstaPay over sending it through money-transfer servicing centers? For individuals who are into online money transfers, the bank transfer fees via InstaPay is important.
Thus, many people check the bank transfer fees via InstaPay from time to time. You can check the list below for the charges.
Money Transfer Charges via InstaPay
- AllBank, Inc. – ₱15
- Asia United Bank Corporation – ₱8
- Bank of Commerce – ₱15 to ₱25
- Bank of the Philippine Islands (BPI) – ₱0 to ₱25
- BDO Unibank, Inc. – ₱25
- BanKo, A Subsidiary of BPI – ₱0 to ₱25
- Card Bank, Inc. – ₱12
- Cebuana Lhuillier Rural Bank, Inc. – ₱15
- China Bank Savings, Inc. – ₱10
- China Banking Corporation – ₱10 to ₱25
- CTBC Bank Philippines Corporation – ₱15
- DCPay Philippines – ₱10
- Dungganon Bank, Inc. – ₱10
- East West Banking Corporation – ₱10
- Equicom Savings Bank (retail clients) – ₱15
- GrabPay – ₱15
- G-Xchange Inc. (GCash) – ₱15
- Land Bank of the Philippines – ₱25
- Malayan Savings Bank – ₱15
- Maybank Philippines, Inc. – ₱10
- Metropolitan Bank and Trust Company (Metrobank) – ₱25
- PayMaya Philippines Inc. – ₱15
- Philippine Bank of Communications (PBCOM) – ₱20
- Philippine National Bank (PNB) – ₱150 to ₱20
- Philippine Savings Bank (PSB) – ₱15
- Rizal Commercial Banking Corporation (RCBC) – ₱8 yo ₱25
- RCBC via DiskarTech mobile app – ₱27.50
- Robinsons Bank Corporation – ₱10 to ₱25
- Security Bank Corporation – ₱20 to ₱25
- Standard Chartered Bank – ₱25
- StarPay Corporation – ₱15
- Sterling Bank of Asia – ₱15
- Sun Savings Bank – ₱10
- Tayo Cash Inc. – ₱12
- Union Bank of the Philippines – ₱10 to ₱30
- United Coconut Planters Bank – ₱25
- Wealth Development Bank Corporation – ₱15
- Zybi Tech, Inc. – ₱8
Aside from InstaPay, there is another popular electronics fund transfer service operating in the Philippines, the PESONet. However, it is important to take note that there are also bank transfer fees via PESONet.
